Address
8308 Panama City Beach Parkway, Panama City Beach, FL
Price
$ 4,400,000
Property Attributes
- MLS#1003060
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- Zip32407
- Style
- Price$ 4,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5.4 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Exceptional commercial development site located on highly traveled Panama City Beach Parkway in the center of the fastest-growing corridors in Panama City Beach. This high-visibility parcel is zoned GC-3 General Commercial within unincorporated Bay County. The property includes approximately 345 feet of frontage on Panama City Beach Parkway with 700 feet of depth. The annual average daily traffic count is estimated at an impressive 44,500 vehicles. The property provides outstanding flexibility for retail, mixed-use, hospitality/hotel, multi-family, medical, automotive, restaurant, self-storage, office, or large-scale commercial development opportunities. Strategically positioned near the rapidly expanding Publix Sports Park corridor on Chip Seal Parkway, the property benefits from substantial ongoing residential, recreational, and infrastructure growth throughout the surrounding area. The sports complex features championship-caliber soccer and multi-purpose athletic fields that attract year-round regional and national tournaments, generating significant visitor traffic and economic impact for the area. The site is also located near the new A. Gary Walsingham Academy Elementary School and continuing residential expansion surrounding the Breakfast Point and Chip Seal Parkway developments, creating strong long-term demand drivers for commercial services, retail, restaurants, medical users, and neighborhood-oriented businesses. Additional area growth is being fueled by ongoing roadway and infrastructure improvements, including the expansion and connectivity plans surrounding Philip Griffitts Parkway and Chip Seal Parkway, designed to improve traffic flow and accessibility throughout Panama City Beach. The property also includes a large building with 9,180 square feet of space. The building includes approximately 5,000 square feet of warehouse, four--12' x 14' roll up doors, 14' clear ceiling height, and 4,000 square feet of office-showroom. The property is currently leased by HERC Rental with the lease expiring on May 31, 2027. Property Highlights " Approximately 345' of Panama City Beach Parkway frontage " Excellent visibility and accessibility " AADT 44,500 " Minutes from beaches, schools, sports facilities, and major residential growth " Located within a rapidly expanding commercial corridor " Ideal for hospitality, mixed-use, medical, automotive sales, or investment development With continued explosive growth throughout the east end of Panama City Beach and limited remaining commercial frontage opportunities along this corridor, this property represents a premier long-term investment and development opportunity.
| Price History | |
|---|---|
| 5/14/2026 | Listed $4,400,000 |
General Features
| County | Bay |
|---|---|
| Property Type | Commercial for Sale |
| Status | Active |
| Directions | Located on the east-end of Panama City Beach Parkway on the north side. Adjacent to Cube Smart Self Storage and just west of Chip Seal Parkway. |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 235224 |
| MLS Area Minor | 2721 - Beach - North Central |
| Standard Status | Active |
| New Construction | false |
| Property Condition | Existing |
Exterior Features
| Lot Size Area | 5.4 |
|---|---|
| Lot Dimensions | 345 x 700 |
| Lot Size Acres | 5.4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32407
Price
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
